Augustine Receives Support Letter from Michipicoten First Nation

TORONTO, ONTARIO--(Marketwire - Jan. 29, 2013) - Augustine Ventures Inc. (CNSX:WAW) ("Augustine" or the "Company") is pleased to announce that it has received a written support letter from Chief Joe Buckell of the Michipicoten First Nation on its Surluga Gold Property (the "Property") in Wawa, Ontario.

"Providing that the exploration drilling and potential mine development complies with all Provincial and Federal regulations, that the Company and its successors works in accordance with the best corporate social responsibility practices, and that the Company keeps the Michipicoten First Nation informed of its on-site activities, the Michipicoten First Nation supports the project", Chief Joe Buckwell writes in his letter.

Dr. Robert Dodds, President & CEO of the Company stated that "Augustine is pleased to be working side by side with the Michipicoten First Nation on our Property. We are respectful of their areas of traditional land use and we understand that we need to apply the highest level of corporate social responsibility to the Property".

The Michipicoten First Nation is an Ojibwe First Nation in Northern Ontario, located near Wawa. Members of the community have resided at the mouth of the Michipicoten River since before the first arrival of European settlers to the area.

About Augustine Ventures Inc.

Augustine Ventures Inc. is a junior gold exploration company which has an option to earn a 60% interest on the Wawa Gold Project which encompasses 2,345 hectares in McMurray Township, southeast of the Town of Wawa, Ontario. Over 95 percent of the property consists of leases and/or patents for both mineral and surface rights that are easily accessible. The property has a known depth extension to 600 meters, a history of past production from the known vein deposits and a large number of untested but documented gold occurrences. Augustine has also acquired a 100% undivided interest in an additional 161 claim units known as the Oakley Lake Property totalling 2,576 hectares adjacent to its Wawa Gold Project.

This news release may contain forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are often identifiable by the use of words such as "anticipate", "believe", "plan", may", "could", "would", "might" or "will", "estimates", "expect", "intend", "budget", "scheduled", "forecasts" and similar expressions or variations (including negative variations) of such words and phrases. Forward-looking statements are subject to a number of risks and uncertainties, many of differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with the Company's expectations, the price of gold and other risks identified in the Company's most recent filings with Canadian securities regulatory authorities on SEDAR.com. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.